Addition based on statement u/s 131(1) of managing partner - GP ...

Income Addition Deemed Unsustainable: Section 131(1) Lacks Corroborative Evidence, Despite 44AB Audit and 15% Gross Profit Rate Applied.

March 28, 2019

Case Laws Income Tax AT

Addition based on statement u/s 131(1) of managing partner - GP rate at 15% - No rejection of books of accounts - Account audited u/s 44AB - no independent corroborative evidences - Addition not sustainable

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Addition based on statement u/s 131(1) of managing partner - GP ...

Income Addition Deemed Unsustainable: Section 131(1) Lacks Corroborative Evidence, Despite 44AB Audit and 15% Gross Profit Rate Applied.

March 28, 2019

Case Laws Income Tax AT

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